Tonga: IFC, private nonguaranteed (NFL, current US$)

Key figures

What the numbers say

In 2024, Tonga's IFC, private nonguaranteed (NFL, current US$) did not change US$0 on 2023 (from US$0 to US$0).

Across the 30 yearly changes before that (1994 to 2023), the average change was +US$0 and a typical year strayed about US$1.78 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$6.79 million in 2008 and the biggest yearly fall was US$6.79 million in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Tonga had the 50th highest value of the 119 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Tonga in the 2024 ranking

• St. Vincent and the Grenadines — 79th of 119: US$0
• Sudan — 80th of 119: US$0
• Syrian Arab Republic — 81st of 119: US$0
• Turkmenistan — 83rd of 119: US$0
• Vanuatu — 84th of 119: US$0
• Zimbabwe — 85th of 119: US$0

What this measures

Nonguaranteed long-term debt privately placed from the International Finance Corporation (IFC). Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 40 values

IFC, private nonguaranteed (NFL, current US$) in nearby economies

• Cambodia — −US$40.63 million (2024)
• China — US$319.08 million (2024)
• Fiji — US$0 (2024)
• Indonesia — −US$877,985 (2024)
• Lao PDR — −US$13.67 million (2024)
• Malaysia — US$0 (2016)
• Mongolia — US$126.08 million (2024)
• Myanmar — −US$15.7 million (2024)
• Papua New Guinea — US$0 (2024)
• Philippines — US$332.92 million (2024)

More economic policy & debt data for Tonga

• Grants, excluding technical cooperation (BoP, current US$) — US$121.36 million (2023)
• Technical cooperation grants (BoP, current US$) — US$9.6 million (2023)
• Net official development assistance and official aid received (current US$) — US$129.55 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$129.55 million (2023)
• Net official development assistance received (current US$) — US$129.55 million (2023)
• Net official development assistance received (constant 2023 US$) — US$129.55 million (2023)
• Net ODA received per capita (current US$) — US$1,239 (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$108.76 million (2023)

Reading data like this

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Questions people ask

What is Tonga's IFC, private nonguaranteed (NFL, current US$)?

US$0 in 2024, according to the World Bank (World Development Indicators).

How does Tonga rank?

50th highest of 119 economies with data for 2024.

Is the latest change in IFC, private nonguaranteed (NFL, current US$) unusual for Tonga?

In 2024, Tonga's IFC, private nonguaranteed (NFL, current US$) did not change US$0 on 2023 (from US$0 to US$0). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$0 and a typical year strayed about US$1.78 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).

Source

World Bank, World Development Indicators, indicator DT.NFL.NIFC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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